Novavax, Inc.

NVAX Healthcare Biotechnology

Novavax, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 64.7% from fiscal 2024.

Revenue
−3.05%
EPS
+84.8%
Free cash flow
−189.1%
Total debt
+31.5%

Quarter to September 2026, against a year earlier

10.78 1.00 +10.22%
Market cap
$1.6B
P/E
0.0×
Fwd P/E
110×
Dividend yield
—
F-score
5/9
Altman Z
−2.18
Beneish M
0.39
Dividend safety
n/a

Novavax, Inc. (NVAX) P/E ratio

Alert me on P/E ratio

Novavax, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 4.5× (October 2025) — the current reading is the lowest in ten years.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 2.5× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Sep 2026 0.0× —
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 2.5× (40.03%)
43 more quarters

Against its own ten years

Low 0.0× High 4.5×
Ten-year median 0.0×
Current reading's percentile 92

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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